Northern Lights Resources Balance Sheet Health
Financial Health criteria checks 5/6
Northern Lights Resources has a total shareholder equity of CA$1.8M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$2.6M and CA$859.4K respectively.
Key information
0%
Debt to equity ratio
CA$0
Debt
Interest coverage ratio | n/a |
Cash | CA$540.46k |
Equity | CA$1.76m |
Total liabilities | CA$859.41k |
Total assets | CA$2.62m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NLR's short term assets (CA$544.2K) do not cover its short term liabilities (CA$859.4K).
Long Term Liabilities: NLR has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: NLR is debt free.
Reducing Debt: NLR had no debt 5 years ago.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: NLR has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: NLR has sufficient cash runway for 2.1 years if free cash flow continues to grow at historical rates of 2% each year.